Norfolk Southern Derailment Spurs Questioning of Turnaround King’s Strategy

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Railroad legend E. Hunter Harrison’s cost-cutting blueprint faces scrutiny after the Norfolk Southern derailment

Kris MaherThe late E.

Hunter Harrison, who ran four of North America’s major railroads, is credited with transforming the railroad industry by spreading a philosophy ofBut criticism of that philosophy, known as precision-scheduled railroading, or PSR, has grown since the February derailment of a Norfolk Southern Corp. train that released hazardous chemicals in East Palestine, Ohio.

 

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HEY if capitalism is a thing… force Norfolk southern to bear the cost of poisoning a town - in the future we’ll see if railroads care about cost cutting when they account for the fact that a failed wheel bearing could lead to the bankrupting of their business

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